EuropeActive: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EuropeActive
Largest movements
- Receivables within one year -€300,085
down €300,085 (-29.5%), from €1.0m to €716,279
of which Other amounts receivable: -€191,916
- Deferred charges and accrued income -€248,530
down €248,530 (-29.5%), from €841,449 to €592,919
- Cash -€150,898
down €150,898 (-25.6%), from €588,608 to €437,709
mainly Accrued charges and deferred income (-€335,629) and Net result for the year (-€271,701)
- Intangible fixed assets +€79,930
up €79,930 (+79.5%), from €100,600 to €180,530
- Accrued charges and deferred income -€335,629
down €335,629 (-34.6%), from €971,053 to €635,423
- Profit (loss) carried forward -€271,701
down €271,701 (-63.3%), from €429,347 to €157,647
- Gross operating margin -€424,245
down €424,245 (-52.2%), from €812,423 to €388,178
- Staff costs +€27,407
up €27,407 (+5.2%), from €527,623 to €555,030
- Depreciation +€17,829
up €17,829 (+58.1%), from €30,693 to €48,522
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,569,698 | €1,947,584 | -€622,114 | -24.2% |
| Fixed assets | 21/28 | €123,278 | €200,677 | +€77,399 | +62.8% |
| Intangible fixed assets | 21 | €100,600 | €180,530 | +€79,930 | +79.5% |
| Tangible fixed assets | 22/27 | €18,284 | €15,753 | -€2,531 | -13.8% |
| Plant, machinery and equipment | 23 | €9,362 | - | -€9,362 | |
| Furniture and vehicles | 24 | €8,922 | €15,753 | +€6,832 | +76.6% |
| Financial fixed assets | 28 | €4,393 | €4,393 | = | 0.0% |
| Current assets | 29/58 | €2,446,421 | €1,746,907 | -€699,513 | -28.6% |
| Amounts receivable within one year | 40/41 | €1,016,364 | €716,279 | -€300,085 | -29.5% |
| Trade receivables | 40 | €478,205 | €370,036 | -€108,169 | -22.6% |
| Other amounts receivable | 41 | €538,159 | €346,243 | -€191,916 | -35.7% |
| Cash at bank and in hand | 54/58 | €588,608 | €437,709 | -€150,898 | -25.6% |
| Deferred charges and accrued income | 490/1 | €841,449 | €592,919 | -€248,530 | -29.5% |
| Total equity and liabilities | 10/49 | €2,569,698 | €1,947,584 | -€622,114 | -24.2% |
| Equity | 10/15 | €429,347 | €157,647 | -€271,701 | -63.3% |
| Profit (loss) carried forward | 14 | €429,347 | €157,647 | -€271,701 | -63.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €2,140,351 | €1,789,938 | -€350,413 | -16.4% |
| Amounts payable within one year | 42/48 | €1,169,298 | €1,154,514 | -€14,784 | -1.3% |
| Trade debts | 44 | €260,205 | €449,624 | +€189,419 | +72.8% |
| Suppliers | 440/4 | €260,205 | €449,624 | +€189,419 | +72.8% |
| Advances received on contracts in progress | 46 | €0 | €51,885 | +€51,885 | |
| Taxes, remuneration and social security | 45 | €56,779 | €62,653 | +€5,875 | +10.3% |
| Taxes | 450/3 | €11,797 | €62,653 | +€50,857 | +431% |
| Remuneration and social security | 454/9 | €44,982 | - | -€44,982 | |
| Accrued charges and deferred income | 492/3 | €971,053 | €635,423 | -€335,629 | -34.6% |
| Non-recurring operating income | 76A | €1,651 | - | -€1,651 | |
| Remuneration, social security and pensions | 62 | €527,623 | €555,030 | +€27,407 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,693 | €48,522 | +€17,829 | +58.1% |
| Other operating charges | 640/8 | €0 | €214 | +€214 | |
| Non-recurring operating charges | 66A | €20,167 | €41,455 | +€21,289 | +106% |
| Gross operating margin | 9900 | €812,423 | €388,178 | -€424,245 | -52.2% |
| Operating profit (loss) | 9901 | €249,900 | -€257,044 | -€506,943 | |
| Financial income | 75/76B | €1,649 | €214 | -€1,435 | -87.0% |
| Recurring financial income | 75 | €1,649 | €214 | -€1,435 | -87.0% |
| Financial charges | 65/66B | €10,267 | €14,871 | +€4,605 | +44.8% |
| Recurring financial charges | 65 | €10,267 | €14,871 | +€4,605 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €241,282 | -€271,701 | -€512,983 | |
| Profit (loss) for the period | 9904 | €241,282 | -€271,701 | -€512,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €241,282 | -€271,701 | -€512,983 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.